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Hey, car czars. Why, for fucks sake, are we bailing out Chrysler, again?

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Condem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 08:29 PM
Original message
Hey, car czars. Why, for fucks sake, are we bailing out Chrysler, again?
http://www.nytimes.com/2009/02/23/opinion/23mon1.html?_r=1&scp=1&sq=Editorial%20on%20Bailout%20of%20Chrysler&st=cse A holding company with big $$$$. I'm just not grasping it. Can anyone explain.
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happyiowan Donating Member (653 posts) Send PM | Profile | Ignore Wed Feb-25-09 08:38 PM
Response to Original message
1. Good question.
Why are my tax dollars going to a company that is privately owned AND has always made an absolute piece of shit product? I guess we need them.
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pnutbutr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 08:49 PM
Response to Original message
2. the hemi
dude. everyone loves the fuel efficient and practical flagship engine they have tried to rebuild their status with.
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 08:51 PM
Response to Original message
3. They must be "too big to fail"
That catch-all phrase that's supposed to stop all discussion.

What about Studebaker? AMC? LaSalle? Cord?

American automotive history is filled with car companies that have folded.

Why should Chrysler be different?
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ogneopasno Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 08:52 PM
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4. The first time was actually a loan.
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Condem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 09:14 PM
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5. Are we all agreed this should not happen?
Then why are we wasting these billions? Surely, there is someone out there who can defend this decision.
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